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Default Formatting imported data

I am importing Data from my call center as follows:
10:35a Th Mar-23 JEF 02:37p Th Mar-23 JEF
this data comes into column A and B and I want to calculate the elapse time
in column C. I set up a custom format for each column "h:mm" and a formula in
C as =b1-a1 but I am getting an error #value!. Help.


 
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